S32 1.43% $3.55 south32 limited

Hermosa the monster

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    HC needs a Hermosa discussion thread. (previous was discussion on the Hermosa land package which veered off into a Trump debate)

    From the Quarterly:

    "We continued work on our Taylor Deposit pre-feasibility study (PFS) at our Hermosa project, while making progress with our scoping study for the Clark Deposit. We expect to report the outcomes for the Taylor PFS around the end of the calendar year."

    The Zn Pb Ag Taylor deposit sits under the Zn Mn Ag Clark deposit.

    S32 has been drilling. I wonder if the deposits' boundaries have been delineated or whether they still remain open.

    My prediction of 6 years + to first production remains uncontested - outside the timeframe of all but the most LT holders.

    Ash
 
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